People traveling on pleasure or business should know about the importance of travel insurance to cover any incident. There was a time when people were reluctant to purchase travel insurance because choosing the policy cover was a very tiresome work. It is true, you could have been bewildered, tons of official papers, perplexing questions and legalese; you just had to immerse in to make sure that you were signing the best deal and it was not as pleasant as choosing a holiday spot or deciding what to buy.
However, times have changed. Ultra-Modern technologies and customer friendly companies have introduced the packages that are easy to understand and very cost efficient. However, before purchasing a travel insurance, it is important to check out the fine print and understand various clauses as mentioned in the policy. It is not wise to choose a policy just because it is cheap. Check out the following points to be covered when you purchase a policy:
- Quick Comparison:
- Don’t forget to make sure that you are not missing any point or benefit by comparing the policies of different companies.
- Be sure to get covered for medical expenses and hospitals, especially if you are traveling to a foreign country.
- It is important to purchase a travel insurance that cover illness, injury or mishap. Don’t forget, these are troubles times. Anything can happen.
- Make sure that your policy covers the highest limit that can be expected from a hospital abroad.
- Supple options:
- Make sure exactly what type of holiday are you going to take and what you want to be covered.
- Some individual items often have claim limit so make sure to compare the time limit for expensive items
- Never assume that your valuables are covered automatically.
- Make a list of the items which are covered because some may have a maximum claim per item, which could be lower than the value.
- Cheapest is not always the cheapest:
- Never choose an unreliable firm just because it can save your money.
- Cheapest policies often don’t have proper supervision for your luggage and other personal possessions.
- Sports activities such as scuba diving and bungee jumping are rarely covered on the travel insurance policy.
- Different companies offer different single trip holiday insurance policy.
- Online Quotes:
- Before making the final decision, check out the general quotations available on the Internet.
- Another aspect that you should compare is the number of people the policy covers and the cost.
- Make sure that the policy covers the entire period of your journey.
- Most Common traps:
- The cheapest insurance plans are the one that are available for entire year.
- Always request for a complete list of what the claim is offering.
- Different insurance companies rate holiday destinations differently so don’t assume that they are all same.
- You should be able to avail of the cancellation claim where you can cancel or even shorten your trip.